After a strong start, Nord Pool prices are heading downward towards noon. V2-05 soared above the 350 NOK/MWh mark this morning, but was last traded at 345 NOK/MWh. Falling CO2 prices might have contributed to the fall, but the main reason is probably profit-taking, one trader comments.
The trader says the market is showing more strength than he expected, and that the fall we are witnessing right now probably is due to profit-taking.“I don’t see any signals that could trigger a fall, so I assume traders are taking profit. Emission prices are coming off slightly as well, probably for the same reason,” the trader says.A weakening dollar, in additi
Mittwoch, 13.07.2005, 11:57 Uhr
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